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A slight difference on the bootstrapped side is to only build what generates revenue from day 1. Funded startups can have different metrics for growth.
by j45 3y ago
A slight difference on the bootstrapped side is to only build what generates revenue from day 1.
Funded startups can have different metrics for growth.
- willsmith72 3y agoIs revenue really the only metric though? Bootstrapped means no pressure from investors, potentially infinite (or lifelong) runway. A bootstrapped startup could go years before turning from a bunch of happy free users to a revenue machine
- j45 3y agoBootstrapped and infinite runway doesn’t go hand in hand lol. Runway always costs. By that definition it’s artificially subsidized. That definition sounds more like a project than a product/startup. Bootstrap is a business, cash flow is like blood flowing with oxygen in it, so the body can move and go do thing Steve Blanks’s definition is a good or that a startup is a temporary organization dedicated to finding a repeatable and scalable business model. Life costs money, if a project is coddled to never become a product. it’s artificially subsidized by an investor (you) and default dead.. and it’s not a business that makes profit to pay the Bills or pay for growth.
- bx376 3y ago> Runway always costs. By that definition it’s artificially subsidized.That definition sounds more like a project than a product/startup.